Wall Street analyst Brian White predicts that Apple will face weak consumer demand for the iPhone 14 series this fall. The reason for this is the economic instability and inflation in many countries.
With the weakening economy and rising inflation, consumers will be more cautious about purchasing the next generation of Apple smartphones this fall, according to White. Perhaps they will postpone the purchase of such expensive devices until the economic crisis passes.
When will the iPhone 14 be released?
It was recently revealed that Apple had to reduce iPhone 14 orders by 10% in the fall. But TFI Securities analyst Ming-Chi Kuo thinks otherwise and predicts that demand for new devices will increase in China.
The iPhone 14 will launch this fall in four models, the 14, 14 Pro, 14 Max, and 14 Pro Max. Apple is expected to hold its launch event on September 13.